Showing 1 - 10 of 34,764
Persistent link: https://www.econbiz.de/10012244449
Persistent link: https://www.econbiz.de/10015073733
components. Consistent with theory, I estimate a government investment multiplier near zero and a government consumption … shocks have a much smaller fiscal multiplier than government consumption shocks. I test this prediction in a panel of OECD … multiplier of approximately 0.8. These findings suggest that fiscal stimulus packages which contain large government investment …
Persistent link: https://www.econbiz.de/10011917646
This paper studies whether changes in the composition of public spending affect the macroeconomic consequences of fiscal consolidations. Based on a sample of 44 developing countries and 26 advanced economies during 1980-2019, results show that while fiscal consolidations tend to be on average,...
Persistent link: https://www.econbiz.de/10014516596
Persistent link: https://www.econbiz.de/10011761965
Persistent link: https://www.econbiz.de/10012372979
Persistent link: https://www.econbiz.de/10012197570
Persistent link: https://www.econbiz.de/10012098975
Persistent link: https://www.econbiz.de/10014438927
Persistent link: https://www.econbiz.de/10012815108